Insurance survey - Consumers may profit for a change

BELEAGUERED consumers could find profitable reading in the first independent survey on home insurance costs from the Irish Financial Services Regulatory Authority (IFSRA).

Its central revelation is that home owners can save up to 50% by simply taking the time to shop around for insurance.

By inference, however, the clear implication of the IFSRA report is that some insurance companies are brazenly charging customers twice what they should be paying for home cover.